Capitalworks Emng Mkts Acqstn Financials

CMCAW

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE March

This page shows Capitalworks Emng Mkts Acqstn (CMCAW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak

2/9

Capitalworks Emng Mkts Acqstn passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

-0.22x

For every $1 of reported earnings, Capitalworks Emng Mkts Acqstn generates $-0.22 in operating cash flow (-$358K OCF vs $1.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$1.6M

YoY-65.1%

Capitalworks Emng Mkts Acqstn reported $1.6M in net income in fiscal year 2025. This represents a decrease of 65.1% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$2K

YoY-99.1%

Capitalworks Emng Mkts Acqstn held $2K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

YoY-100.0%

Capitalworks Emng Mkts Acqstn spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.

Capital Expenditures

N/A

CMCAW Income Statement

Metric	FY25	FY24	FY23	FY22
Revenue	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	$240K+200.0%	$80K
Operating Income	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A
Net Income	$1.6M-65.1%	$4.7M-5.7%	$5.0M-74.2%	$19.3M
EPS (Diluted)	N/A	N/A	N/A	N/A

Metric	Q3'26	Q3'26	Q3'26	Q3'25	Q3'25	Q3'25	Q3'25	Q1'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$229K-112.3%	-$108K+87.9%	-$897K	N/A	-$34K-109.3%	$362K-18.9%	$447K	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CMCAW Balance Sheet

Metric	FY25	FY24	FY23	FY22
Total Assets	$2.4M-82.5%	$13.7M-94.3%	$240.7M+1.9%	$236.1M
Current Assets	$4K-97.6%	$185K-23.7%	$242K-83.2%	$1.4M
Cash & Equivalents	$2K-99.1%	$185K+104.6%	$90K-90.7%	$969K
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$4.4M-73.7%	$16.8M-93.4%	$252.7M+2.2%	$247.3M
Current Liabilities	$2.0M-7.4%	$2.2M+50.8%	$1.4M+732.8%	$172K
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	-$2.0M+35.0%	-$3.1M+73.9%	-$12.0M-7.7%	-$11.2M
Retained Earnings	-$2.0M+35.0%	-$3.1M+73.9%	-$12.0M-7.7%	-$11.2M

Metric	Q3'26	Q3'26	Q3'26	Q3'25	Q3'25	Q3'25	Q3'25	Q1'24
Total Assets	$2.5M+2.5%	$2.4M+1.2%	$2.4M+0.8%	$2.4M	N/A	N/A	N/A	$13.7M
Current Assets	$53K+244.5%	$15K+727.6%	$2K-57.7%	$4K	N/A	N/A	N/A	$185K
Cash & Equivalents	$53K+266.7%	$15K	$0-100.0%	$2K-93.0%	$23K-62.8%	$62K-47.3%	$117K-36.7%	$185K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.5M+9.9%	$3.2M-40.7%	$5.4M+21.2%	$4.4M	N/A	N/A	N/A	$16.8M
Current Liabilities	$234K+32.2%	$177K-91.3%	$2.0M+1.6%	$2.0M	N/A	N/A	N/A	$2.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1000K-33.9%	-$746K+74.7%	-$3.0M-45.1%	-$2.0M+27.3%	-$2.8M-6.4%	-$2.6M+7.3%	-$2.8M+9.3%	-$3.1M
Retained Earnings	-$1.0M-33.9%	-$747K+74.7%	-$3.0M-45.1%	-$2.0M	N/A	N/A	N/A	-$3.1M

CMCAW Cash Flow Statement

Metric	FY25	FY24	FY23	FY22
Operating Cash Flow	-$358K-2204.6%	-$16K+99.1%	-$1.7M-124.5%	-$759K
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	$0-100.0%	$230.4M	N/A	-$234.6M
Financing Cash Flow	$175K+100.1%	-$230.2M-28009.0%	$825K-99.7%	$236.3M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	$0-100.0%	$230.8M	N/A	N/A

Metric	Q3'26	Q3'26	Q3'26	Q3'25	Q3'25	Q3'25	Q3'25	Q1'24
Operating Cash Flow	-$45K-391.0%	$16K+161.0%	-$26K+82.8%	-$149K-242.4%	-$44K+21.4%	-$55K+49.9%	-$111K-112.7%	$874K
Capital Expenditures	N/A	N/A	$0	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	-$26K	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$0	$0	$0	$0	$0	$0	$0-100.0%	$33.5M
Financing Cash Flow	$84K+7573.5%	-$1K-104.7%	$24K-81.2%	$128K+2571.4%	$5K	$0-100.0%	$43K+100.1%	-$34.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$33.6M

CMCAW Financial Ratios

Metric	FY25	FY24	FY23	FY22
Gross Margin	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	68.6%+34.3pp	34.3%+32.2pp	2.1%-6.1pp	8.2%
Current Ratio	0.00-0.1	0.09-0.1	0.17-8.2	8.38
Debt-to-Equity	-2.17+3.2	-5.36+15.7	-21.03+1.1	-22.15
FCF Margin	N/A	N/A	N/A	N/A

Metric	Q3'26	Q3'26	Q3'26	Q3'25	Q3'25	Q3'25	Q3'25	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-9.2%-4.8pp	-4.4%+32.9pp	-37.3%	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.23+0.1	0.09+0.1	0.000.0	0.00	N/A	N/A	N/A	0.09
Debt-to-Equity	-3.50+0.8	-4.26-2.4	-1.81+0.4	-2.17	N/A	N/A	N/A	-5.36
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$2.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Capitalworks Emng Mkts Acqstn profitable?

Yes, Capitalworks Emng Mkts Acqstn (CMCAW) reported a net income of $1.6M in fiscal year 2025.

What is Capitalworks Emng Mkts Acqstn's operating cash flow?

Capitalworks Emng Mkts Acqstn (CMCAW) generated -$358K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Capitalworks Emng Mkts Acqstn's total assets?

Capitalworks Emng Mkts Acqstn (CMCAW) had $2.4M in total assets as of fiscal year 2025, including both current and long-term assets.

What is Capitalworks Emng Mkts Acqstn's current ratio?

Capitalworks Emng Mkts Acqstn (CMCAW) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Capitalworks Emng Mkts Acqstn's debt-to-equity ratio?

Capitalworks Emng Mkts Acqstn (CMCAW) had a debt-to-equity ratio of -2.17 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Capitalworks Emng Mkts Acqstn's return on assets (ROA)?

Capitalworks Emng Mkts Acqstn (CMCAW) had a return on assets of 68.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Capitalworks Emng Mkts Acqstn's cash runway?

Based on fiscal year 2025 data, Capitalworks Emng Mkts Acqstn (CMCAW) had $2K in cash against an annual operating cash burn of $358K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Capitalworks Emng Mkts Acqstn's debt-to-equity ratio negative or unusual?

Capitalworks Emng Mkts Acqstn (CMCAW) has negative shareholder equity of -$2.0M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Capitalworks Emng Mkts Acqstn's Piotroski F-Score?

Capitalworks Emng Mkts Acqstn (CMCAW) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Capitalworks Emng Mkts Acqstn's earnings high quality?

Capitalworks Emng Mkts Acqstn (CMCAW) has an earnings quality ratio of -0.22x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.